Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Swedish Krona/Canadian Dollar (FOREX:SEKCAD)
Crossroads (-60) - SEKCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCAD
The long-term trend has been UP since Nov 29th, 2019 at 0.13933000
The intermediate-term trend has been DOWN since Feb 14th, 2020 at 0.13666435
The short-term trend has been DOWN since Feb 11th, 2020 at 0.13748961
Smart Scan Analysis for SEKCAD
Based on our trend formula, SEKCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).